Saudi Arabia’s Energy Minister Prince Abdulaziz Bin Salman has called on the global oil companies to move their headquarters to Dhahran in the Eastern Province of Saudi Arabia and home to Saudi Aramco.
Prince Abdulaziz made these remarks during his speech at the seventh edition Aramco’s iktva exhibition 2023, Saudi Gazette reported.
He said that moving the regional offices is a dream of the past, but the hope today and tomorrow is to move the global headquarters to Dhahran.
According to Prince Abdulaziz, Saudi Arabia’s Energy Ministry represents a catalyst and engine for the localisation program in partnership with various governmental and private entities.
Energy localisation programs in the Kingdom have enabled many international partners to cooperate in launching more than 200 manufacturing facilities, he noted.
Increase energy production
Prince Abdulaziz also announced the Kingdom’s strategic plans to increase its production of oil, gas and clean energy.
“We in the Kingdom aim to increase oil and gas production, and we plan to export hydrogen,” the minister noted,
He revealed that Saudi Arabia is working to increase the gas production by 60%. Work is under way to add 4,000 kilometers to gas lines.
